NSO: Findings from the New Nurse Liability Report
HATBORO, Penn. (January 20, 2012) – Nurses Service Organization (NSO), in collaboration with CNA insurance, is announcing the release of the healthcare industry resource entitled, Understanding Nurse Liability, 2006-2010: A Three-part Approach. The new report contains an analysis of nursing malpractice claims over a five-year period, which identifies current nursing liability patterns and trends most likely to affect their practices.
“This is the most comprehensive report on nurse’s liability trends we have developed to date,” said NSO President Michael Loughran. “At the urging of our clients, we expanded the report to incorporate an analysis of licensing board actions.”
In addition to the claims analysis, the report also provides selected highlights from NSO’s Work Profile Survey examining the relationship between key workplace factors and professional liability exposure.
- Over $83 million was paid in indemnity (judgments and settlements) and expenses on behalf of nurses during the study period, realizing an average total incurred of $204,594 per claim.
- Fifty-seven percent of RNs who experienced a license defense paid claim worked in a hospital while 56 percent of LPN/LVNs worked in an aging services setting.
- The number of claims significantly increased, the longer respondents worked as nurses. The highest percentage involved respondents who had worked more than 21 years as a nurse.
The report also includes risk management recommendations and a self-assessment checklist created to help nursing professionals reduce their liability exposure. NSO also surveyed nurses who experienced claims to determine whether there were any factors that may have contributed to an increase in exposure.
“It is our intention that by sharing this information, identifying the causes of loss, and incorporating risk management recommendations into the document, we can help enhance the risk management knowledge of the nursing community,” Loughran said.
You can find the entire Understanding Nurse Liability, 2006-2010: A Three-part Approach report at www.nso.com/nurseclaimreport2011. To obtain hardcopies, please contact David Griffiths at email@example.com